Find how much tax savings you can expect

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Question: After your graduation, you get offers from companies in VA and TX at the same time. Both offers will a salary of $50,000 per year. However VA tax is 12% and TX tax is 8.6%. If you accept the offer in TX and stay with the company for 10 years, determine the FW of the tax savings if your personal MARR is 12% per year. If you stay in TX's company until your retirement (indefinitely long), find how much tax savings you can expect.

Reference no: EM131977761

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